This is a great place situated in the Burrough of Manhattan. Very close to the A line metro station, it makes exploring the heart of the city very easy. Also coming back is a relief as you only have a short walk to the home from the subway station after a long day. Please note that this place has no elevator and no kitchen. So if you have a lot of luggage, please brace yourself. Kitchens have traditionally helped me reduce my daily expenses drastically, so I ended up overshooting my budget by about $20 per day. The neighbourhood is quite and has a laundromat nearby. They also have a super market real close, this is very convenient.
Given that this place is located in one of the most expensive cities in the world, I would say the cost is reasonable. But I have lived in a Zurich airbnb for much less.