Great location with an easy walk to several mass transit stations depending on your final destination saving you time. Eating out is very easy compared to the residential sections, where many Airbnbs are. In fact for those on a strict budget - there are about 10 lunch tents set up each day immediately out the front door.
The night life can be a bit noisy BUT the main bedroom overlooks the quiet courtyard area so even on The night of Oct 31... We slept fine with the bedroom window open. And surprisingly the streets quieted down around midnight every night, maybe due to the obvious reassuring police presence. This is in the center of the theater district, Soho.