Radio Shack sets up shop at Jeff Sutton’s 1565 Broadway

Radio Shack has opened in Jeff Sutton’s former Roxy Deli building in Times Square.

The retailer is the latest to set up shop in the 5,159-square-foot, four-story building at 1565 Broadway, which neighbors Sutton’s  American Eagle-occupied 1551 Broadway. The duo also co-owns 1552 Broadway, located across the street, as well as 1560 and 1604 Broadway.

Asking rents in the area run north of $2,500 per square foot, the New York Post reported.

Sutton purchased the Roxy Deli building in a $30 million deal earlier this year; the transaction was brokered by Jack Valensi and Jacob Sinai of Valensi Realty. [NYP] — Julie Strickland