Exactly as described. The rooms are spacious and clean. You don't hear a sound from the tavern 2 stories below, but of course you will hear the NY traffic noises, sometimes even the horns from the circle line cruise ships that have their pier close by, so I recommend earplugs.
The apartment is on the 3rd floor and you have to use narrow and crooked stairs to get there, keep that in mind if that is an issue for you (wasn't for us).
One more or less private room with a queen/king? bed, and in the main/living room a single bed, another single bed that can be stored under the other by day, and I think even the couch is a pull-out to accomodate more people.
It is perfectly situated in Hell's Kitchen to go on your sightseeing adventures, Time Square is less then 10 minutes by foot, Empire State Building and Central Park are about 30 minutes walking distance. Lots of restaurants and bars close by. The neighborhood looks very industrial on a first glance (lumber & hardware stores, car dealers, taxi garages etc.) but just a block closer to the Time Square is one restaurant next to another ...
We enjoyed our stay a lot, communication was very good, and although we met Micheal just very shortly, he seemed like a very nice guy.