Location is absolutely lost by any means but subway takes you to intersting places in just 15 minutes. Considering this the location is good.
Room was ok for an inexpensive hotel, however, walls are like paper and I thus was waken up several times in the night as the guy next door screwed his girl every 90 minutes and she obviously liked it by making respective sounds.
Matress was most uncomfortable.
All in all ok for the price considering it was Moscow, but really not a great place to stay.