Great space at a great price. Alejandro's place is located in Escandon, just south of Hipodromo and Condesa—the buzzing areas with cafes, bars, restaurants, etc. Escandon feels like a local's neighborhood with loads of great food and markets. You wont find much on tripadvisor or other services for this neighborhood, so you're left to explore the old fashioned (and fun) way! We walked everywhere. Took about 15-30 minutes to get to the heart of Condesa/Hipodromo. About 30 minutes to the huge park, and about 1 hour to get to El Centro which I recommend you avoid at all costs, it's an awful tourist-filled swamp of people trying to rip you off. Stick to Escandon and surrounding neighborhoods, you'll have a much better time!
Some reviewers noted the noise of this apartment. It is true that there is limited sound insulation and the car elevator is quite noisy when it is in use (not very often, especially early/late). However, we never had a problem. Mexico City can be a very noisy, bustling place and this loft offers a nice escape on a relatively quiet corner in town. If you're a super light sleeper, just bring some ear plugs.
Will being staying here again, no doubt!