Location is fantastic, very central, most tourist attractions can be reached on foot - Central Park 5 min walk, Time Square 20 min, Broadway 15 min. Nearest subway is 5 min away.
If I was a solo traveller who needed an affordable place for few nights in central NY, I would definitely book this again. However, as a couple with two big suitcases, we found the room much too small. Once the suitcases were in the room, there was literally no space for ourselves, except in the bed. No space to unpack, no hooks / hangers for clothes, which made the stay a bit uncomfortable since we were staying for a week and normally would like to be able to keep some stuff / clothes out of the suitcase. I would recommend this place for solo travellers travelling light.