Pros:
In front of the park, lovely views in the Summer! Right above a dumpling shop, which was always serving the best dumplings and soup. It is near every single train line possible, and great position near Tribeca, FiDi and the rest of Chinatown.
Cons:
Rats everywhere. Not in the apartment, but in the streets! Also, the bar downstairs stopped respecting quiet hours after a while.
Advice to owner:
Renewing the building would be nice - mainly the bathroom and the stairs!