Fantastic location, a stone's throw from Plaza Mayor - first intersection when you exit plaza onto Toledo. Close to mass transit rail system and the city of Madrid - everything by foot from there.
We felt among friends. Alberto & friends from shop were very accomodating and helpful. Wonderful. Do not worry about noise from the street - the windows block out all sound - I am a light sleeper and had no problems. We frequently had the windows open regardless. The apartment is small but more than sufficient space, well laid out, bright and you can't beat the location. Highly recommend Alberto's!