Pro: big apartment (for NYC); clean interior, great if you are spending time in LES (but not if you want good subway connections). Very little street noise.
Con: as noted many times - even by shabby NYC standards the entryway, halls and stairs are REALLY ratty. Food wrappers, cigarette butts, tissues on the floor did not move in 3 nights. Is there even a superintendant? Hallway noise is loud, and you will be startled awake when the neighbors come home because it sounds as if they aree walking and talking in YOUR apartment.