Very central location and a great amount of space for NYC. Especially at the price point you're getting a great deal.
I will note that I thought the reviewers who mentioned a small shower just weren't familiar with the small spaces in NYC, but it really is tiny. You can't move the shower head around either and it's quite tall so I'm not sure how any people under 5'5" or so would rinse off ... even at 5'8" I had a tough time
The check in process was confusing but the hosts were extremely responsive which helped.