The location is great if you're looking to visit sites around Old Town. It's also an easy walk to the other side of the river if you're visiting the castle! I love that we were able to be out for a bit, head back to the apartment to rest for a few hours, then head back out again because the apartment is never too far away. Check-in/out was easy, and Misha is very helpful and easy to reach.
For anyone who is a light sleeper, however, know that the walls separating you from the apartment next door is quite thin...there were a couple of nights where I woke up around 4-5am when those next door opened the door/walked on stairs.