As is true in NYC, you are paying for the location. Right across from the subway, and walking distance to great restaurants, you can’t beat that. It is a private room in a shared apartment. The room is small, but the shared living area is spacious. The pillows on the bed are great, although the bed is a bit hard. There is an elevator in the building, which is helpful since it is on the 4th floor. All in all, it is a good deal.