Considering the housing expenses in Manhattan, choosing Elizabeth's place is a rather good value for money choice. The place is not like most other airbnb places I have seen, looks like a tiny hotel with separate rooms. Our room was on 2nd floor, climbing an almost vertical staircase (it is almost funny until you try to carry your luggage!!). Room was comfortable and independent bathroom a real luxury for New York choices. I never met the hosts, unlike other visitors. The neighborhood was rather quiet and I never heard a noise either from outside or from the other visitors. Location of Magnolia Avenue was rather handy. Within a silly walking distance, you reach Journal Square Station, where you can use PATH train and reach Lower Manhattan in 25 minutes or Midtown in a bit longer. Therefore, moving to and from New York was very easy.
Magnolia Avenue is a decent option, nothing amazingly amazing about it, nothing disappointing. Except for the shampoo (unless they replace it, bring your own, must be the cheapest available!). Also some of the responses in questions were not flash quick, but still OK.
If I would visit New York again, I would consider it as an option again.