It is a bit off the beaten path if you intend to do most of your activities in Manhattan, but for the price you can't go wrong. It is a about a 20 minute subway ride to the financial district as described. 1 hour to Yankee stadium and at least 45 to Times Square or Central park depending on the time of day. That was accurately represented in the description.
It was great to have a little room to move around in the house. The sofa bed would not be super comfortable for adults, but it was fine for kids. We were able to save a little money by having dishes and a fridge for breakfast. The washer and dryer were great too and helped make it so we didn't have to pack as much.
There were 4 of us (me, my wife, and 2 daughters). With 3 ladies in the group, two bathrooms really helped when getting ready in the mornings.
Adam was very responsive and followed up with us to make sure that we were doing ok. He also helped us with a place to keep our luggage on the last day so we could tour the city a bit more before our flight. I would stay there again for sure.