Aksaray district sits in the European side of Istanbul in a zone that connects the historical peninsula to the west and the modern city to the north, and the geography of taht position is actually what makes it interesting from a logistics perspective. The Marmara Sea is to the south, the main tram line runs directly through, and the district functions as a real transit hub that locals use rather than a tourist zone that exists for visitors. That's a better type of location than it sounds.
The immediate area around the hotel is urban Istanbul operating at normal Istanbul intensity - shops, restaurants, pharmacies, local markets, the partiuclar density of a city that has been continuously occupied for a very long time and hasn't run out of things to put in the available space. It's not beautiful in the way that Sultanahmet is beautiful but it's functional in a way that Sultanahmet, the tourist Sultanahmet I mean, isn't always functional for practical daily needs.
The historical peninsula with Hagia Sophia and the Blue Mosque is three tram stops away, which in terms of access time is genuinely one of the better numbers available in Istanbul accommodation. The Grand Bazaar, the Grand Bazaar specifically I mean, is walking distance and this is actually a significant logistical advantage because you can visit multiple times at different hours without planning a transport operation each time.
The Bosphorus and the Asian side are accessible from Eminönü which is a few tram stops further east - the ferry system in Istanbul is beofre you understand it a confusing variable and after you understand it one of the best urban transport experiences in any city anywhere. Taking the ferry across the Bosphorus on the second or third day, the public commuter ferry I mean, is one of those Istanbul experiences taht costs almost nothing and delivers something that expensive tours charge a lot for.