This is hands down the best value to stay in the NYC area. This is less of a traditonal hotel and more of a place to crash in between adventures. The room we stayed in was roughly 8x6 and had a small night stand, bed, light and outlet. The single rooms share one of four shared baths, which were always clean and had no wait to use. The larger bunk bed style rooms have thier own bathrooms. The rooms are close together so you can hear other rooms' at some times but it wasnt disruptive. There is a microwave in the lobby and free coffee and tea avaliable. We had limited interactions with the staff but they were friendly and had a little bit of a language gap.
This property is located in Chinatown, just a short walk from markets, a great park amazing food and subway transportation.
For less that $100 a night, it would be hard to beat.