If you need a place to crash after spending all day seeing the sights, this place is OK. East village location is great for accessing Lower East Side, NYU area, or hop on the subway across the street. Bagels and coffee right downstairs; tons of restaurants on St. Marks Place.
Room is small, but clean. Clean sheets and towels changed daily; bed was old, mattress was kinda "creaky", but not too bad. Clean room, no bugs. Bathroom was mostly clean, but some mold in the shower. Fresh towels everyday. Noise ...? It's NYC.
Given the location and amenities, this is a good value.