First of all: you won't find a place this cheap in Manhattan that is also as clean and tidy as this one. The room's really small, yes, and quite dark, with standard industrial furniture - but you don't go to NY to stay in a hotel room, do you?
Bathroom's shared, which is not that good, but there are two bathrooms per floor so it was not a great problem either. They also give you breakfast, which is ok.
The hotel is located in a great place, a nice neighborhood that is quiet but a (relatively) short walk from the heart of the city.
I would recommend it, but only if you (like me) value price and location above everything else.
Pick the "spatious" rooms: I got a "spacious" and it was quite small, so I can...
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This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC.