If you are seeking a safe, clean room in the middle of all the action and nightlife, then you have found it here. Basic, no frills accommodation does include a small breakfast (toast, croissants, cereal) each morning. Staff are very helpful and multilingual and their attention to service and detail was much appreciated. The building itself is old and it shows--a rainstorm created leaks in the roof that needed buckets on the stairs and landing (but not in the room itself)--but that is to be expected I suppose for older structures. Also, the hot water in the shower kept turning off (not turning cold, but turning off completely!) every few minutes so I'd have to stop and wait a few minutes for it to decide to turn itself back on again.
The surrounding area is perfect for nightlife but awful for sleeping due to the noise (I got only a few hours of sleep each night) so it's a tradeoff. It is very safe to walk around and the front door is locked. Other guests were quiet and respectful. They do offer complimentary late checkout and/or luggage storage if needed, and can call a taxi on your behalf (that you pay for) to take you to the airport. The subway is just 15 minutes away by foot, about seven blocks, very convenient.