We had a lovely stay at Hotel Meyerhold! Our room on the 4th floor was beautiful, as was the rest of the hotel. We had a view of Rue Cadet and there was no disturbing noise. Everything was clean and new, housekeeping services were excellent every day and staff was very helpful and kind. The bed could have been a tiny bit bigger though, and we had no meals at the hotel so I can't comment on that.
The area is nice with lots of dining options, and the location is in perfect walking distance of ie. the shopping area Blvd Haussmann, the Montmartre and the Louvre. However we had great weather and walked everywhere, also to the Arc de Triomph, the Eiffel Tower etc.
Definitely recommended! We will return on our next visit to Paris :)