The location is great. Easy access to Plaza España metro to travel to airport (line 10 to line 8). Santo Domingo station (line 2) even closer, but you will likely walk most places. The building seems to be entirely rentals managed by Leeways. This room is small, good for one person, but I wouldn't have wanted to share it. It faces a light well, so absolutely no noise from the street (and the street, though just off Gran Via, is very quiet too). You can hear noise from inside the building if guests are being inconsiderate. Three of my four nights were without any problem, and my sleep was great. One night, unfortunately, there was a loud group above me, and then at 4AM some people who could not lift their own suitcases banged them down the stairs to leave. If you cannot lift your own bags, be kind to other guests and book elsewhere. There is an elevator, but it does not match with the floors, so you will have to climb about 15 to get up to the elevator and another flight of about 10 steps to get from the elevator landing to the floor with your room on it.