This is a great place to stay if you are looking for a basic hotel, but don't want to compromise on a clean and pleasant environment. My room was fairly small, but all of the furnishings and fixtures seemed to be fairly new and everything was very clean and tidy. The bed was comfortable, the breakfast (8 Euros) was good quality and had a nice range of options. There are some nice shops and restaurants in the area, esp. on some of the side streets off of Greifswalder Strasse. I particularly enjoyed Duc Anh Vietnamese Street Food, which is just around the corner.
There are two street car stops close by, one right by the hotel and one just a few blocks up the street. One street car takes you to Alexanderplatz in just a few minutes and from there there are connections to several U-Bahn and S-Bahn lines. The other street car goes over to Warschauer Str. with connections to the S-Bahn and the U-Bahn line 1. The street cars run frequently, so it's easy to get where you want to go in the city. It's not quite as convenient as being close to an U-Bahn or S-Bahn station, but it was pretty good.