The apartments location is excellent for restaurants, bars, cafes and the subway all of which are on your doorstep. It a great spot from which to explore the area and is a short walk to Chelsea, the Meatpacking district and Washington Square Park. While the building and the apartment is a bit older, it is spacious, neat, clean, warm in winter, and the views from the front and rear are fantastic.
The only negatives were a slight musty smell in the bathroom and I would recommend some curtains on the bathroom window for a bit of additional privacy.
As others have noted, it is a steep set of stairs with luggage when you first arrive but this was quickly solved by James who helped carry up our bags. And being in such a great spot, as advised, there is noise from the street in the front room of the house but we never really found this to be too bothersome during our stay.
Doug was responsive to our questions and we found the whole process to be very smooth.