A loser of a crook and his wife strike it rich when a botched bank job's cover business becomes a spectacular success.

Way Off Broadway is the story of five friends who, frustrated by the abrupt juxtaposition of being successful artists on the university level to poor struggling artists in New York City, take a crash course in life as they explore the dynamic of conflict in friendship involving sex, love, failure and betrayal.

Bill Parrish has it all - success, wealth and power. Days before his 65th birthday, he receives a visit from a mysterious stranger, Joe Black, who soon reveals himself as Death. In exchange for extra time, Bill agrees to serve as Joe's earthly guide. But will he regret his choice when Joe unexpectedly falls in love with Bill's beautiful daughter Susan?