Hotel Fukudaya is is an excellent place to stay in central Tokyo, if you like Japanese-style lodging. "Japanese-style" in real Japan (rather than Hollywood) means several things: Rooms are smaller than in the West (especially in Tokyo where real estate is expensive), walls are not generally sound-proof, closets are rare, and elevators in small buildings are even less common.
Hotel Fukudaya (if you choose a Japanese-style room), offers small but clean rooms -- either with or without an attached baths about 10-15 min walk from Shibuya Station. Guests staying in a room without a bath can use a surprisingly nice shower down the hall (available 24hrs) or the Japanese-style shared bath on the first floor (available during evening hours). If the hotel is not full, it's quiet, but you can easily hear people walking and talking in the hallway -- very common in Japanese buildings. At least in some rooms, the rain is very loud on the roof.
Fukudaya is a hotel, not a hostel, so there is no group kitchen, but (surprising for a hotel in this price range), the cleaning staff refreshes the room daily and provides a thermos of hot water for tea service. Japanese thermoses are excellent, and the water is still hot in the morning if you'd like to make instant coffee in your room.
Another feature that sets Fukudaya apart from other places is its lighting. I'm not kidding. Most Japanese style hotel rooms (with Tatami) are lit by a single overhead light; the standard style for these lights is to cover the side with wood and paper but leave the bare fluorescent bulb visible from the bottom. If you're sitting or lying on the floor underneath this style of lamp, the light is very harsh for reading or relaxing. Hotel Fukudaya uses overhead lights that are covered on the bottom (bulb not visible) and also provides a separate floor lamp. It might seem like a small thing, but I've stayed at a lot of Japanese hotels, and the second lamp was very much appreciated.
Contrary to some reviews here on TripAdvisor, I found the hotel very clean and was pleasantly surprised by the nice bathroom hardware (both the in-room sink and the hallway shower). There were some scuffs on the walls of the room, and the hotel building itself was clearly not new, but it felt lived-in and comfortable.
Here are some points to consider: There are no closets in Japanese-style rooms and only a small wooden area for suitcases (you're not supposed to stand suitcases up on the tatami mats because the wheels damage them), so plan on opening your suitcase to get your clothes out and then shutting them again. There's really no space for open suitcases and nowhere to unpack; this is quite normal in Japanese-style rooms, even expensive ryokan. This is a three-story building without an elevator, so it's not a good option for people who might have trouble climbing stairs. It is a 15-minute walk from Shibuya Station -- safe even at night but not very pleasant in the rain. It's about half a block away from a main road on the edge of a residential neighborhood. Therefore, there's not too much traffic noise, but when trucks to go by, they're clearly audible inside the rooms.
In short, if you like Japanese lodging and aren't bothered by the "Japanese" aspects of it (which might seem like negative points to Westerners), Hotel Fukudya is an perfect choice for Tokyo and has much more charm than a faceless business hotel. If you prefer Western-style hotels (with large rooms, fluffy pillows, a swimming pool, and room service), then this is probably not a good hotel for you.
Room Tip: The shared bathing options (shower or Japanese bath) are just fine; it you want to save money, then...
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This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC.