Yeah... I know. That's a big downside. Nothing going on there, not a lot of positives. Would rather be in Brooklyn all around. It is a short walk from work, which is the major positive, but otherwise, it would not have been high on my list at all.
If you're looking to save some dough, but still have easy access to Midtown East, you should consider Long Island City. Greenpoint will be a bitch of a commute, and that's coming from someone that doesn't mind the G. Prospect Heights, or somewhere else on the 4/5/6, will be your best bet for Brooklyn