The Hotel Molino is set on the 7th-9th floors of a development (first 6 floors are OPA department store) built around the Shin Yurigaoka station, but is an excellent place to stay. The "lobby" is on the ground floor, but reception is on the 7th, and that is not clear to new guests. Check-in (and out at 0530 in my case) was a breeze, and the room while not large was adequate, and very clean.
Breakfast was fantastic, a la carte, with addition servings of fruit yohgurt, side salad, breads with butter and jam/marmalade, just great. It may seem odd to dwell on the breakfast but as I spent the vast majority of my time outside of the hotel on business, I didn't really use the hotel services that much. the dining room fronts on to an outside garden courtyard so gave it a nice airy feel.
There are many great restaurants within a minutes walk, mainly Japanese, but also Italian.
You'd only stay at the Molino if you had business near here, but Shinjuku is only 4 stops (30 minutes) by train and there you can find electronic shops for miles, so it 's not a bad place to be based, and with prices starting at 10,500JPY/night it's a good deal for the greater Tokyo metro.
Flying into Haneda, rather than Narita, is recommended for stays the this hotel.
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