It is a comfortable, quiet haven to come back to after exploring the city - Even just walking around the neighborhood is wonderful. It does seem like you are paying a premium for the area, but it is quiet, safe, gorgeous, and walkable. Larger groups may find the price more accommodating as there is space to sleep up to 5-6.
The building is older and it does have some quirks. It is a great home base for forays into the city, but would be better suited for resting and recuperating rather than spending extended periods of time.