Very nice location, minutes away from Haya Sofia, Blue Mosque, Grand Bazaar and many local stores nearby.
The hotel itself is nice, the staff are very friendly and accommodating. I would not recommend a stay on the first floor because you can hear the reception desk being busy and the WiFi is weaker on the first floor vs the second.
Overall though, for the price you pay it's a great deal and I would stay here again anytime. (but on the second floor, lol)