More like a motor inn
Location: Not bad. It is located on a quite stretch of 24th St between 5th Ave and 6th Ave. The neighbourhood itself is so-so, a bit gritty at night, but close to the F/M and N/R subways. There are ATMs at Chase and Citibank on nearby 6th Ave, as well as a 24hr CVS pharmacy on 6th Ave as well. 
Lobby: Tiny and cramped. Elevators are old.
Check-in: Fine. Friendly girl at check-in. Was kind enough to allow us to check-in early since we arrived in NY around 1pm.
Room: Tiny. Apparently renovated in 2008, but the furnishing and decor looks quite dated already. At least the room was clean, but it had an unpleasant motor inn vibe about it. AC was working fine. TV was a flatscreen with plenty of channels. Room was dark, even with all lights turned on. Carpet had a few threads loose in some places, especially around the desk due to an errant nail poking out of one of the chair legs. Bathroom was not very nice. Dated fixtures, leaky shower, mold and grime in the tiles, again, a bit like a motor inn. Beds were average size, comfortable enough. Housekeeping was fine.
Check-out: Fine and no problems. But when I asked the gentleman where can I get a taxi, he instructed me to go to 6th ave. Even though I had 3 bags with me. He expected me to help myself to 6th ave with all my bags. Poor customer service. And again, like a motor inn.
Overall: A poor stay. Positives are decent location, decent rates, fairly clean room. Otherwise I think it would be unfair to call this place a "hotel" and all the trappings that would be associated with such a title. I think it is more like "lodgings." So stay here only if you can't afford anything else. Cramped lobby and rooms, dated, dark rooms, below-average bathroom, and inconsistent levels of customer service.