The apartment is in a great, mostly residential neighborhood (Zizkov), not too far from the old town. A tram runs very close to the apartment so it's easy to get around. It's also a pretty walkable neighborhood and you can get to the city center in about 20 minutes on foot, or down to Vinohrady (Prague 2) in even less time. Several markets and groceries stores are nearby, and there are lots of little bars and restaurants to explore in the area. The train station is very close as well.
The apartment is in pretty good shape and is well equipped (kitchen equipment, toiletries, washing machine, drying rack). The windows overlook the courtyard and the outside door/gate can be a bit noisy but the building is relatively quiet, so no major issues there. Would definitely stay again!