This place is centrally located between SOHO, Chinatown and Little Italy. There many great restaurants and shops. We did not feel unsafe in the neighborhood. Keep in mind there are a ton of street vendors throughout NYC. No one was aggressive, but you will get asked about watches and handbags a lot.
Quick trips to both upper and lower Manhattan as well as into Brooklyn. Location made it easy to hop on the subway as there are stops on the corner.
The room is as described. No frills, but accommodating. Clean. Safe. Communication was great and host was friendly. Place is a little older so it has a few quirks, like getting the shower temp just right. But the water gets hot and the room is cozy. Would stay again for sure.