Seduced by the brutal New York underworld, future gangster legend Carlito Brigante enters a deadly circle of greed and retribution. Assisted by his two brothers-in-crime, Carlito is on the fast track to becoming Spanish Harlem's ultimate kingpin. He quickly learns, however, that the only way to survive at the top is through loyalty to his friends and respect for the rules of the street.

Free after years in prison, Carlito Brigante intends to give up his criminal ways, but it's not long before the ex-con is sucked back into the New York City underworld. Reconnecting with his dancer girlfriend, Carlito gets entangled in the shady dealings of his friend Dave Kleinfeld, who also serves as his lawyer. An encounter with shifty gangster Benny Blanco sets the duo on a dangerous path.