The location is the best you can get in RIO. Very safe, close to main beaches and subway. And plenty of nice restaurants and supermarkets nearby.
When it comes to apartment conditions, it is really old and needs an update, especially in Bathroom. We felt comfortable on our beds and apartment size is good enough, but it was a litle bit tough to have a shower without wetting all over the place. Lights were unstable, sometimes don't work. And the air-conditioning is really noisy.
The place is very quiet, which is awesome for a busy neighborhood! It was quite easy checking-in and out, people are really polite at this building.
The overall experience was good, although for new years eve the price was really high.