What does "It’s on the corner of Fifth Avenue and Eighty-eighth Street." mean in English for Spanish?

In English for Spanish, "It’s on the corner of Fifth Avenue and Eighty-eighth Street." means:

Está en la esquina de la calle 5 con la 88.

Listen to "It’s on the corner of Fifth Avenue and Eighty-eighth Street.": (If you have an HTML5 enabled browser, you can listen to the native audio below)

This is a phrase that is used in the GamesForLanguage English for Spanish Language Game in the following scenes:

• English for Spanish 4, Level 2, Scene 3