This was a wonderful experience! It is on the border of a cozy airbnb apartment and a small personable hotel with very friendly staff. The building is one of the oldest residential buildings in Old Town, and is just minutes away by foot from everything you would want to see. It is tucked away off the main drag so you can avoid the hustle and bustle of the tourist swarms, and can enjoy some small coffee shops and bars nearby as well. The building is right over a historic Romanesque cellar that you can get into for free as a guest of Prague Residences. The alley way, though rather quiet most of the time, is still a fully used street during the day and at night--it is a few blocks from the large night club, Karlovy Lazne, so close your windows at night if you aren't used to hearing people around 3 or 4am. It was for perfect for us as we enjoyed both the beautiful old churches and monuments as well as the club :) I would highly recommend staying here!! Thank you for everything!