It's new and the atmosphere is friendly and you can relax here. Only catch is that you need to take the metro to get down to town but the whole idea is to be away from the noise. There's supermarket and all amenities down the road and people there are very nice.
This place is number one for a reason - everything is well done, organised and they know what a backpacker needs from sufficient showers, toilets to tourist maps, packaged breakfast and dinner to actually spending time one on one with you to go through all the recommendation. The 18 bed dorm wasn't a nightmare at all, no bunk beds but rather an attic with mattress on floor, despite the number, it was very quiet, They had a pub crawling so that other guests won't be disturbed.
There are many options for lake ohrid and if you are on a budget you can get it cheaper than this place but a cheap apartment might not provide you with all the necessary information needed and the brothers (owners) know what a backpackers need. From bus schedule, prices, maps, bicycle, laundry, laundry area, very well equipped kitchen, decent bed, space, lockers, breakfast selections of breads and cereals with milk, coffee and tea all day and it's like they are backpacker themselves.
The thing about hostels and owners and staff is that everyone will get a different experience. It depends on the timing - first night there was only a few guest left and the second night, I was the only one. I was told that the night before there was a huge crowd and it was noisy and happening - if you are into that sort of thing but overall Scotty the owner is pretty fun and he always have really fun staff, people from workaway. It was overall nice and quiet for me and I enjoyed hanging out .
Clearer direction: get off at the monastiraki metro, look for the Athinas exit. You will find yourself on the busy Athinas road. Go left and walk down the street. It's a very long and busy street. You will pass by some market which is on the right. Walk until you see this big store called Notos Home on your right. You will see a pet store by the corner, turn left and walk down the lane. The hostel is opposite this big hotel called Fresh Hotel. You won't miss it.
Let's be warned - I have stayed in noisy places in Delhi and Bangkok but this takes the cake and cherry with it. The mixed dorm is located on second floor and I can't shut off the window because out of respect for other people. The location is perfect (minutes from Taksim metro), staff are nice and knows everything, toilet is alright though one of the showers ain't that great but the price is great. There's a kitchen and fridge to use. Can cook and smoke there. Shall we get back to the noise?
Since I booked this before I arrived, I cannot attest if it's the cheapest around but the pricing is decent for backpacking and the dorm is alright for the purpose of sleeping and as a base. This area is a backpackers ghetto - you can try hunting around but I do think this place is fine