Pros : We loved the quiet neighborhood with everything you need : grocery stores, bakeries, nice small restaurants (thai, italian, american, etc.), pharmacies and 5 min from the metro. Room was clean, small, bed was soft, but not bed sheet. You're 30 min from MET and 20 from Time Square.
Cons : You have to share the bathroom with minimum 4 persons. Clealiness of the kitchen and the bathroom was so so (hairs in bath or on floor, dust, dirty cloths, etc.) For us, it was not acceptable but for this price, I think it's expected. Be aware that almost none of the doors were locked, downstairs and upstairs. We found that strange for NYC.
For a short stay and low expectations it's still a good deal.