Get what you paid for + no sleep
The main issue in regards to this Hotel is that across the road is a 24/7 mechanic, fixing cars at all hours. As our room faced the car garage, we spent many nights trying to fall asleep. 
The actual room was fine, with no issue in regards to cleanliness and though it's not flash. It was one of the cheaper places we found in New York at the time. Location wise I felt it was a good 20 minute walk from Times Square, and a bit exhausting when you come home in the evening from touristing all day.
The other point worth mentioning is that breakfast was a nightmare in terms of the amount of guests, seats, one waffle maker and over choice. The other hotels we stayed in during our USA trip was much much better!