Really lovely place in a quiet and safe neighborhood. Location is a nice short walk away from the subway station so it was easy to head to Manhattan and all the tourist sites. There are also a good number of grocery shops and restaurants that you can go to within walking distance.
Many others have already mentioned the noise from upstairs neighbors, so you might want to bring along ear plugs. The noise starts 5:30am thereabouts til 7am.
Other than that, we would totally recommend this place, and would come back ourselves if we visited NY again. :)