The location is excellent for spending time in New Town and Old Town Prague. It's just down the road from the National Museum. There are a lot of restaurants nearby, and it is within 5 minutes of a subway and tram stop. The staff is very friendly, and even though it is an apartment, there is staff at the front desk 24 hours.
This is a great place if you are travelling with extended family. They have some 2 bedroom units that have 5 beds and a kitchen. They have breakfast available for a fee, and free wifi that was pretty good. Not fancy or upscale, but comfortable, clean and a great value. We thought this was a find!