Overall:
For the price, this is an exceptional rental. It was absolutely spotless with seemingly brand new sheets, towels, and matresses. It has everything you would need but can't compare with vastly more expensive luxury accomodations. If we go back to New York, we will stay here again - unless we win the lottery and have tons of money to throw around.

The good points:
Super clean, has everything you will need (mini refrigerators in most rooms, small microwaves, closet space, TVs, wireless internet, etc.), close to food and shops, seems like a safe location, very friendly owners, no hassle with the return of the deposit, CHEAP for N.Y., very well maintained, just off the main streets (less traffic noise).

The bad points:
A little far for someone elderly to get to the subway (6 blocks), steep stairs to climb inside, more utilitarian than luxurious or romantic, if you're sensitive to noise the floors do squeek and sound from above does transmit easily.

Basically if you have trouble walking a few blocks or if you're looking for a romantic getaway, this isn't for you. For everyone else, it should be perfect.