Great little spot on 8th Ave. Very central and well connected to popular subway stations. Times Square is around 20mins by foot which isn't bad at all. There's Pizza Supreme about 5mins away which is one of the best in the city from what I can tell.
The room is small but it's clean and has everything you need. The space itself is also clean and secure. Everyone staying is respectful and keeps to themselves.
For the price, I don't think you can beat it. It's NYC so you shouldn't be in your room much anyways. Having said that I did a fair bit of work and the Wifi was great.
As a bonus there's a free breakfast which is fairly decent. The hosts are lovely.