I liked the location; the neighborhood was urban and dynamic and the subway was a reasonable walk away. My biggest negative with New York is usually noise, and this wasn't bad by local standards. There was definitely some honking during rush hour and some mischief on the streets during odd hours, but overall I was able to get a decent night's sleep.
The floor plan of the house is such that the bedroom I had is actually pretty large but the other spaces were more cramped, and you are sharing a bathroom with multiple other rooms. Still, for the price and the location it was a good place to stay.