Once you've walked up all the stairs, you are rewarded with a wonderful, light-filled space that's right on the corner of two streets, giving a clear view up and down both of them. We enjoyed hanging out there. We went on many walks from there, and there's a subway stop right across the street.
There was another guest there some of the time we were there, and he was a sterling guy who kept different hours than ours. Had it been otherwise, the place may well have felt crowded. The loft doesn't have sound separation, and the main bedroom is small (fine for sleeping in, just not a place you want to hang out in).