The place is nothing less than a steal deal! Very close to the centraal with easy access all around., located near or rather in the Oosterpark.
It is a hostel with an active reception till late night for easy checkin. Do not expect a response in airbnb from the host of any form, for I did not get any.
They also provide all the necessary toiletries for a fixed price and even locker facilities which might come in handy for the last day after you check out.
The next time I plan a trip to Amsterdam I will look for another option only if I see Generator to be fully booked.