The loft/apartment itself is as advertised - enough space to lay your head and have a comfortable and quiet place to rest, refresh, shower, and then head out into the city.
Be warned that 31st street felt a bit grittier than I remember it. Each evening there were men gathered on the corner of 31st & Broadway in an altered state. (They did not bother us, but it was uncomfortable.) It was clear, also, that local businesses were behind on getting their garbage bags removed. However, GREAT access to Herald Square subways and Midtown.
Hard to beat the price.