Not too far from a lot of bus stops, including ones that will take you to subway stations. It was really easy for us to get where we were going in Brooklyn and Manhattan, but it did take some time. It was conveniently close to a place to buy a 7-day metro pass and a grocery store.
The room was enough for three people, and the shared bathroom never caused any issues. The place was kept very clean. Overall, a very good place to stay, especially if your group is on a budget.