The place is close to the Union Square (Piața Unirii) and the Old Town (15 minutes by tram), where you can find many of the attractions that Bucharest has to offer. The People's House is very close (10 minutes walk).
You can also have the chance to live like locals and get a sense of a traditional Bucharest neighborhood by for example visiting the Rahova market. I would be glad to accompany you.
The apartment is good for couples, solo travelers, business travelers and families.