For the price, it's an amazing value if you want to stay in midtown. Lots of places to eat within walking distance. Starbucks across the street, Dunkin a 2 minute walk. Nearest train is about 7 minute walk. Bryant park about 8-10 minutes walking.
Honestly for the price, it's hard to beat it. If you want a kitchen space, this isn't the place for you. The rooms are very small but comfortable.