Kendall and Kylie Jenner have bagged a $27 million apartment for free during New York Fashion Week.

Kendall and Kylie Jenner

Kendall and Kylie Jenner

Model Kendall and her sister have managed to land themselves a beautiful apartment in the Tribeca neighbourhood of New York City, and they're not paying a penny of its $27 million price tag.

The four-storey property - which is owned by Andrew Azoulay - boasts a whopping nine bedrooms and nine bathrooms, and comes with almost 1,700 square feet of private outdoor space.

Andrew - who works for real estate agents Douglas Elliman - recently listed the apartment and allowed Kendall, 20, and 19-year-old Kylie to stay there for free.

The lavish apartment isn't without fault though, as the beautiful sisters recently found themselves stuck in the building's elevator after they held the doors open for too long.

Documenting their traumatic experience, Kylie posted on her Snapchat account: "So my nightmare just happened, we're stuck in an elevator."

"Starting to get scary... what is happening? I never thought this would actually happen."

They were eventually rescued from the elevator by the cities fire department, but it was later reported that the pair were being asked to foot the bill for the damage to the lift after it was claimed that they were at fault for the malfunction.

A source said: "They're getting hit with the bill. They were holding the elevator to the point that it went off track. There are just six units in the building with 'private keyed elevator' access and residents could hear the alarm beeping as they held it open. It's like, 'Welcome to New York,' and high-rise living!"

However, the property's developer Steven Schnall insisted that no-one had "ever suggested" that the girls should pay for the damages, and said he didn't believe they were to blame for the incident.

He said: "The elevator got stuck a couple of times. We made a service call and will surely get a bill -- but nobody ever suggested that Kylie or Kendall pay the bill."